XML 46 R4.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Net sales $ 2,311,659 $ 2,289,415 $ 2,160,153
Cost of Goods and Services Sold 1,054,663 1,066,264 972,450
Gross Profit 1,256,996 1,223,151 1,187,703
Selling, general and administrative expense 824,625 834,783 806,790
Research and development expense 202,710 199,196 250,157
Impairment losses on goodwill and long-lived assets 0 292,513 11,506
Income from operations 229,661 (103,341) 119,250
Interest expense 23,416 23,962 23,014
Foreign exchange losses, net 2,245 2,861 9,128
Unrealized Gain on Securities (2,030,987) (606,230) 0
Other (income) expense, net (26,094) (36,593) (10,697)
Income before income taxes 2,261,081 512,659 97,805
Provision for income taxes (502,406) (147,045) 24,444
Net Income (Loss) Attributable to Parent $ 1,758,675 $ 365,614 $ 122,249
Basic earnings per share:      
Earnings Per Share, Basic $ 58.93 $ 12.25 $ 4.12
Weighted average common shares - basic 29,843 29,836 29,655
Diluted earnings per share:      
Earnings Per Share, Diluted $ 58.27 $ 12.10 $ 4.07
Weighted average common shares - diluted 30,184 30,228 30,034